BEAUMONT HEALTH 403(B) RETIREMENT SAVINGS PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
WILLIAM BEAUMONT HOSPITAL
This IRA-Based plan holds $2.6B in total assets and serves 33,717 participants as of 2023. It is sponsored by WILLIAM BEAUMONT HOSPITAL in Michigan. The plan reported positive net income of $393M for the year.
What the Filing Says About BEAUMONT HEALTH 403(B) RETIREMENT SAVINGS PLAN
BEAUMONT HEALTH 403(B) RETIREMENT SAVINGS PLAN is a IRA-Based retirement plan sponsored by WILLIAM BEAUMONT HOSPITAL, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $2.6B in total end-of-year assets and covers 33,717 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 381459362, and the plan has been effective since 2001-07-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $2.2B at the beginning of 2023 to $2.6B at year-end — a gain of 17.6%. Net assets (after liabilities) closed the year at $2.6B, with reported net income of $393M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $2.2B |
| Total Assets (End of Year) | $2.6B |
| Net Assets (End of Year) | $2.6B |
| Net Income | $393M |
| Plan Type | IRA-Based |
| Employer EIN | 381459362 |
| Plan Effective Date | 2001-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (WILLIAM BEAUMONT HOSPITAL)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 42,362 | $3.4B |
| 2023 | 2 | 41,569 | $4.0B |
| 2024 | 2 | 41,313 | $4.4B |
Nearby IRA-Based Plans in Michigan
Peer IRA-Based plans — same state, same plan type — ranked by total assets.
- MAYO 403(B) PLAN $11.2B · 84,098
- THE TAX SHELTERED ANNUITY PLAN OF THE METHODIST HOSPITAL $2.5B · 29,975
- THE CHILDREN'S HOSPITAL OF PHILADELPHIA RETIREMENT SAVINGS PLAN $2.1B · 18,109
- UNIVERSITY HOSPITALS HEALTH SYSTEM 403(B) MATCHED RETIREMENT SAVINGS PLAN $2.1B · 26,534
- THE TAX SHELTERED ANNUITY PLAN OF TEXAS CHILDREN'S HOSPITAL $1.8B · 15,456
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Frequently Asked Questions
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 381459362.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.